financetom
Business
financetom
/
Business
/
OpenAI departures from company not linked to restructuring, CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
OpenAI departures from company not linked to restructuring, CEO says
Sep 26, 2024 8:10 AM

TURIN, Italy, Sept 26 (Reuters) - ChatGPT-maker OpenAI

CEO Sam Altman said on Thursday the recent departure of top

executives from the company had nothing to do with its planned

restructuring.

OpenAI's longtime chief technology officer Mira Murati

abruptly announced her departure from the company on Wednesday.

Greg Brockman, OpenAI's president, has also been on leave.

On Wednesday Reuters reported OpenAI was working on a plan

to restructure its core business into a for-profit benefit

corporation that will no longer be controlled by its non-profit

board, in a move aimed at making the company more attractive to

investors.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Urban Outfitters Insider Sold Shares Worth $2,595,150, According to a Recent SEC Filing
Urban Outfitters Insider Sold Shares Worth $2,595,150, According to a Recent SEC Filing
May 30, 2025
03:27 AM EDT, 05/30/2025 (MT Newswires) -- Harry S Cherken Jr, Director, on May 27, 2025, sold 35,000 shares in Urban Outfitters ( URBN ) for $2,595,150. Following the Form 4 filing with the SEC, Cherken has control over a total of 484,696 common shares of the company, with 480,296 shares held directly and 4,400 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/912615/000095017025079111/xslF345X05/ownership.xml...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Galaxy Digital Prices 31.6 Million Shares Public, Secondary Offering
Galaxy Digital Prices 31.6 Million Shares Public, Secondary Offering
May 30, 2025
03:41 AM EDT, 05/30/2025 (MT Newswires) -- Galaxy Digital ( GLXY ) said late Thursday it has priced an offering of 31.6 million shares at $19 per share. The offering consists of 26.4 million shares offered by Galaxy and 5.2 million shares offered by certain stockholders, the company said. The offering, expected to close June 3, increased from a previously...
Roblox Insider Sold Shares Worth $4,232,025, According to a Recent SEC Filing
Roblox Insider Sold Shares Worth $4,232,025, According to a Recent SEC Filing
May 30, 2025
03:28 AM EDT, 05/30/2025 (MT Newswires) -- Mark Reinstra, Chief Legal Officer & Corporate Secretary, on May 27, 2025, sold 50,000 shares in Roblox ( RBLX ) for $4,232,025. Following the Form 4 filing with the SEC, Reinstra has control over a total of 612,643 Class A common shares of the company, with 389,489 shares held directly and 223,154 controlled...
Copyright 2023-2026 - www.financetom.com All Rights Reserved